$5,047
closing credit¹
506 N 3rd St Richmond, TX 77469
Property details
About 506 N 3rd St
Discover a solid investment in the heart of Richmond with this well-maintained four-plex, 3 units featuring 2 bedrooms and 1 bath/ 1 unit features 1 bedroom and 1 bath. The property boasts modern tile flooring throughout, ensuring easy upkeep and a contemporary feel. Recently replaced roof (4 years) and newly installed windows ( 1 year) , newly painted front-facing exteriors ( 1 month), newly striped parking lot (1 month). Property has never flooded. 2 a/c units were replaced in 2021. With all units currently occupied, this income-generating gem offers immediate cash flow. Residents benefit from dedicated parking, enhancing convenience and appeal. Don’t miss this opportunity to add a reliable and attractive asset to your portfolio! It's walking distance to scenic Wessendorff Park and historic Downtown Richmond. The shed is not located on the property line and will not be included with the sale of the property.
Highlights
Summary
- MLS Number: 71780587
- MLS Name: HAR
- Office Name: Keller Williams Realty Southwest
- Office Phone: (281) 265-0000
- Office Email: frontdesk@kwsw.com
- Listing Agent: Valerie Diaz
Disclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.
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Last updated on: 1/31/2025, 8:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$425,000
506 N 3rd St
$5,047
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $153,000 | $3,424 |
| 2023 | $153,000 | $3,052 |
| 2022 | $145,221 | $2,997 |
| 2020 | $145,780 | $3,513 |
| 2019 | $112,260 | $3,052 |
| 2018 | $119,540 | $3,137 |
| 2017 | $122,120 | $3,359 |
History based on county public records data.
Nearby schools
3
Pink Elementary School
Public District PK-5
0.7 mi
•1001 Collins Rd
5
Long Elementary School
Public District PK-5
0.7 mi
•907 Main St
6
Smith Elementary School
Public District PK-5
1.9 mi
•2014 Lamar Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $35,336. The majority of Richmond, TX residents have income less than $<35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Mexican League Soccer
NHRA Drag Racing
Pro Boxing
Where do the neighbors shop?
Burlington
Big Lots
Family Dollar
Where do the neighbors go to eat?
Church's Chicken
Golden Corral
White Castle
What do the neighbors drive?
Chevrolet
Kia
Acura
What do the neighbors listen to?
Urban Adult Contemporary
Adult Standards
Rock
This home is located at 506 N 3rd St in Richmond, TX and zip code 77469. Features: 4 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 31, 2024 and is currently priced at $425,000.
While more than 14 listings in Richmond, TX in December 2024 were sold above asking price, there were more than 23 listings sold at asking price, and more than 107 were sold below. Between November and December 2024, Richmond, TX real estate market has seen increase in the number of listings by 8.2%. In December 2024, listings were on the market for 44 days. During the same period, the median list price in this real estate market was $384,763.